On 1 and 2 October, the EU leaders will meet in Brussels to discuss the Single market, industrial policy and digital transformation, as well as external relations, in particular relations with Turkey and with China. The Summit, initially planned for 24 and 25 September, has been postponed as President Michel is in quarantine. The @eucopresident…
Tag: recovery
EU leaders reached recovery&budget deal
«We have reached a deal on the recovery package and the European budget. These were, of course, difficult negotiations in very difficult times for all Europeans. A marathon which ended in success for all 27 member states, but especially for the people. This is a good deal. This is a strong deal. And most importantly,…
EUCO: Michel scales down grants
In a search of compromise the president of the European Council Charles Michel came forward with the proposal to scales down the grants (subsidies) in recovery & resilience facility (RRF) fund €672.5bn, of which loans €360bn & grants €312.5bn, 70% of grants provided in 2021-2022, 30% in 2023. The proposal constitutes a significant change in…
Sassoli: MEPs call for end to rebates
Statement by European Parliament President on the ongoing European Council meeting: “After days of discussions, European citizens expect an agreement that lives up to this historical moment. We are worried about a future where European solidarity and the Community method are lost. The European Parliament has set out its priorities and it expects them to…
EU budget Summit marathon
The European Union leaders continue the marathon negociation at Summit in Brussels on a coronavirus recovery package, and the seven year budget of the 27 members bloc. Update 4pm is new timing for #EUCO plenary meeting https://t.co/nFMbwjQNv3 — Barend Leyts (@BarendLeyts) July 20, 2020 The Leaders left the marathon summit early Monday morning hours and…
Dutch Rutte is «not opitimistic»
«Hard work» lies ahead said the Dutch Prime Minister Mark Rutte at the doorstep of the European Summit (#EUCO) on recovery and long-term budget. However he underlined that due to prepararty period the positions of everyone became clear, and it also became more visible where the «bridges can be built», but of paramount importance is…
EU Special recovery plan Council
Invitation letter by President Charles Michel to the members of the European Council ahead of their meeting on 17-18 July 2020 reads as follows: Finding agreement will require hard work and political will on the part of all. A deal is essential. Now is the time. Read my #EUCO invitation letter here https://t.co/qbfAtABLKZ — Charles…
Sassoli: «time to deliver» recovery
Parliament President David Sassoli urged EU leaders to take action on Europe’s recovery in the wake of the Covid-19 crisis. Sassoli addressed heads of state and government at the start of a video conference of the European Council on 19 June to discuss the recovery plan and the EU’s next long-term budget. "Our citizens expect…
Gentiloni: EU faces unprecedented shock
“..Indeed, we are facing a shock without precedent since the Great Depression. Its economic and social consequences pose policy challenges unlike any we have seen in our lifetimes. The inflation rate is further evidence of this. Data released this morning shows the inflation rate at just 0.3%. In April last year, it was 1.7%. This…
Franco-German €500bn recovery plan
Angela Merkel and Emmanuel Macron propose a major financial recovery fund worth €500 billion. France et Allemagne unies pour une relance européenne face à la crise. Suivez en direct la conférence de presse commune du Président @EmmanuelMacron et de la Chancelière Angela Merkel.https://t.co/DTfTExozpP — Élysée (@Elysee) May 18, 2020 Both leaders have proposed that the…
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